As of June, 10 hedge funds had opened in Hong Kong in the short 3 months of the second quarter, 1 time times more than Singapore, which was also active capital markets. Sources of funding more than the hedge fund managers from their own pockets, and to raise money to family and friends, but also to rush into the market as soon as possible, prepare for summer vacation, into the second half of the increase in market turnover. Global capital flows are also in line with hedge funds ' plans for the second half of the year, according to Hong Kong media. Ankur Samtaney, a Eurekahedge analyst who specializes in hedge funds, notes that the net inflow of funds from Hong Kong hedge funds began in June, meaning that redemptions ceased in May. Some industry sources said that the first quarter began to see hedge fund managers from their own pockets to start a business, the starting money has been raised from family friends (Friends of accessibility). The fund manager is part of an earlier "coming out" of big hedge funds, bank trading departments and traditional funds to specialize in sophisticated hedging strategies. According to the Alternative Investment Management Association (AIMA) data, the new hedge fund's initial funding is estimated at 20 million to 50 million dollars. In the second half of the year, hedge funds are expected to increase turnover in the market. David Gray, managing director of UBS Securities Asia, Guidaron the prime brokerage business of the hedge fund (Prime broker), which will be reconsidered as a viable investment tool in the second quarter. Samtaney believes that market instability and continued volatility will allow hedge fund performance in the second half to outperform traditional investment instruments such as mutual funds and long positions equity funds. The agency expects funds to continue to flow into hedge funds over the next few months. The performance of hedge funds over the past six months has changed from last year's red to positive, with Asia returning more than 14%,samtaney referring to the frequent merger of Chinese companies, the driven strategy of event dominance, and the return of more than 18%; The stock market's March-April rise made equities a second best performance strategy, with two strategies continuing to heat up in the second half of the year, with $14.5 billion trillion in managed assets owned by hedge funds in Hong Kong by the end of May.
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